The estimated Net Worth of Richard M. Sanders is at least $218 Tisíc dollars as of 17 March 2021. Mr. Sanders owns over 47,227 units of 22nd Century Inc stock worth over $89,452 and over the last 11 years he sold XXII stock worth over $128,457. In addition, he makes $0 as Independent Director at 22nd Century Inc.
Richard has made over 3 trades of the 22nd Century Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 47,227 units of XXII stock worth $128,457 on 17 March 2021.
The largest trade he's ever made was exercising 138,376 units of 22nd Century Inc stock on 24 February 2021 worth over $131,457. On average, Richard trades about 18,691 units every 228 days since 2014. As of 17 March 2021 he still owns at least 314,972 units of 22nd Century Inc stock.
You can see the complete history of Mr. Sanders stock trades at the bottom of the page.
Richard M. Sanders serves as Independent Director of the Company. Mr. Sanders has served as a General Partner of Phase One Ventures, LLC, a venture capital firm which focuses on nanotechnology and biotechnology start-up opportunities in New Mexico and surrounding states. From January 2002 until June 2009, Mr. Sanders served as President and CEO of Santa Fe Natural Tobacco Company (“SFNTC”), a division of Reynolds American, Inc., which manufactures and markets the Natural American Spirit cigarette brand. During his 7-year tenure as head of SFNTC, Mr. Sanders tripled Natural American Spirit’s market share and SFNTC’s operating earnings and directed the successful expansion of Natural American Spirit into international markets in Western Europe and Asia. Prior to directing SFNTC’s robust growth, Mr. Sanders worked for R.J. Reynolds Tobacco Company where he began his career as a marketing assistant in 1977. From 1987 to 2002, he served in a wide spectrum of executive positions including, among others, Senior Vice President of Marketing and Vice President of Sales. A native of Minneapolis, Mr. Sanders earned a Bachelor’s Degree in political science from Hamline University in St. Paul and an M.B.A. Degree in Marketing from Washington University in St. Louis, Missouri. Mr. Sanders’ extensive experience in management, including in the tobacco industry, led to our conclusion that he should serve as a director of our Company.
Richard Sanders is 66, he's been the Independent Director of 22nd Century Inc since 2014. There are 2 older and 10 younger executives at 22nd Century Inc. The oldest executive at 22nd Century Group Inc is Roger O'Brien, 71, who is the Independent Director.
Richard's mailing address filed with the SEC is C/O 22ND CENTURY GROUP, INC., 500 SENECA STREET, SUITE 507, BUFFALO, NY, 14204.
Over the last 11 years, insiders at 22nd Century Inc have traded over $3,035,006 worth of 22nd Century Inc stock and bought 652,225 units worth $737,196 . The most active insiders traders include Andrew Arno, Joseph Pandolfino a Michael Zercher. On average, 22nd Century Inc executives and independent directors trade stock every 80 days with the average trade being worth of $16,372. The most recent stock trade was executed by Lawrence Firestone on 30 May 2024, trading 9,000 units of XXII stock currently worth $9,810.
with the mission of reducing the harm caused by smoking, 22nd century is a plant biotechnology company whose proprietary technology allows for the levels of nicotine in the tobacco plant to be decreased or increased through genetic engineering and plant breeding. goodrich tobacco company and hercules pharmaceuticals are wholly-owned subsidiaries focusing on (i) premium cigarettes and potentially reduced risk tobacco products (with up to 97% less nicotine than conventional cigarettes), and (ii) the x-22 prescription smoking cessation aid in development. 22nd century's technology also allows the levels of cannabinoids to be decreased or increased in the cannabis plant.
22nd Century Inc executives and other stock owners filed with the SEC include: